but they need to educate themselveses on this issue because it's not getting fixed. the tragedy of this prior to the crisis, there are a few simple things that could have been done that could have prevented this. we should have raised bank capital requirements, constrained the amount of large financial institutions to use borrowed money to fund themselves. instead regulators were allowing financial institutions to take on more leverege. >> rose: what about glass-steagle. >> the glass-steagle issue is now an issue because of the bailouts and all the consolidation. it wasn't so much a driver of the crisis but it's an issue now. i think this is a real problem and i see insured deposits funding more and more, really high-risk activity, and that high-risk activity may have economic worth but i don't want the government funding it with insured deposits. >> rose: you want insured deposits only for banks it involved in traditional-- >> lending, derivatives, security tradings, market making should be out of banks-- take deposits, make loans. >> rose: can they make enough mone